https://mengelmetzgerbarr.com/Our-Services/Business-Advisory/Succession-Planning

Rochester & Canandaigua

Contact

James W. Rahmlow, CPA

585-423-1860

jrahmlow@mmb-co.com

 

James' Bio >

Elmira Contact

Stephen A. Eckler, CPA

607-734-4183

seckler@mmb-co.com

 

Stephen's Bio >

Succession Planning

When you first started out, you thought about business success. Now that you’ve made it, it’s time to think about business succession. 

If you own a business, retirement isn't simply a matter of deciding not to go into the office anymore. As nice as that sounds, you need to actively plan for your next steps long before you take them. All the little things—like ensuring that you have enough money to retire, determining the value of the business and who will run it, plus exploring tax implications and employee stock ownership plan (ESOP) options. Effective succession strategies include plans that ensure a smooth and deliberate transition in case of the sudden loss of key personnel through injury, impairment or death.

Call us—today—and we’ll work with you to ensure that your business succession is as successful as your business.